Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.023%
Price spread now: dYdX against Polymarket Perps−0.008%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3343.343% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.812%−$81 · spread now −0.008%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ADA-USD | 0.2457 | 0.0100 | pay 0.0013% / 1h | 29m 12s | $92K | $665K | 10x |
| Short | dYdX ADA-USD | 0.2456 | 0 | get 0.0000% / 1h | 29m 12s | $202K | $3K | 10x |
Polymarket Perps ADA-USD
dYdX ADA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.008% → −0.016%
- $0.73
- Slippage, 4 orders
- −$316.29
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$354.56
- Costs to cover
- 3.343%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; dYdX: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 39 min ago | 2.42 bp | 8.5 bp −$9 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 40 min ago | 75.22 bp | 80.2 bp −$80 | 80.2 bp −$802 | 82.3 bp −$8,233 | 137.5 bp −$68.8K |
ADA on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USDshort | 0.0000% | 1h | 0.2456 | −0.008% | $202K | $3K | 10x | |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2453 | −0.155% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.586% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0048% | 1h | 0.2456 | −0.024% | $400K | $7.4M | 50x | as long as short |
| Gate ADA_USDT | +0.0095% | 8h | 0.2453 | −0.147% | $97.8M | $59.7M | 75x | as long as short |
| Hyperliquid ADA | +0.0100% | 1h | 0.2457 | +0.028% | $42.9M | $14.4M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2456 | −0.022% | $1.2M | $969K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2458 | +0.040% | $159K | $156K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2452 | −0.191% | $102.5M | $373.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2453 | −0.147% | $72.1M | $108.8M | 75x | as long as short |
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Gate ADA_USDT
Hyperliquid ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2455 | −0.065% | $32.6M | $107.8M | 50x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2454 | −0.106% | $49.4M | $51.3M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2456 | −0.037% | $30.0M | $17.6M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2452 | −0.187% | $65.5M | $46.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2455 | −0.065% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2459 | +0.114% | $126K | $421K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2452 | −0.182% | $4.2M | $991K | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2453 | −0.145% | $65K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2451 | −0.239% | $289K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2451 | −0.228% | $56K | $587K | 50x | as long as short |
| Polymarket Perps ADA-USDlong | +0.0100% | 1h | 0.2457 | long leg | $92K | $665K | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2453 | −0.147% | $6K | $27K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2454 | −0.099% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2457 | +0.014% | $9K | $769K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2452 | −0.208% | $337 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2455 | −0.061% | $1.3M | $5.8M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2452 | −0.187% | $47.7M | $6.4M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2452 | −0.193% | $532K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0105% | 8h | 0.2458 | +0.063% | $21K | $250 | 20x | as long as short |
| Kalshi KXADAPERP | +0.0112% | 8h | 0.2456 | −0.024% | $148K | $6.3M | 3.2x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2457 | +0.024% | $4K | $87K | 10x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2454 | −0.098% | $2.4M | $1.0M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0239% | 1h | 0.2454 | −0.122% | $502K | $471K | 50x | as long as short |
| Reya ADARUSDPERP | +0.0281% | 1h | 0.2455 | −0.085% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0354% | 1h | 0.2451 | −0.237% | $6.2M | $12.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0415% / S −0.0202% | 1h | 0.2453 | −0.151% | $95K | — | 100x | as long as short |
OKX ADA-USDT-SWAP
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Kalshi KXADAPERP
Phoenix ADA
Lighter ADA
Deribit ADA_USDC-PERPETUAL
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]